Dana White: Nobody wants to be paying 'boxing money' more than I do

source: mmamania.com
 

At the UFC 138 post fight press conference, UFC President Dana White responded to journalist's concerns that UFC fighters are not making the tens of millions of dollars that Manny Pacquiao and Floyd Mayweather Jr are enjoying in boxing.

"Believe me, there's guys that make money in this sport, The stuff that  Nick Diaz says is crazy, okay?"

"Nick Diaz has made a lot of money this year. Believe me when I tell you, Nick Diaz can buy a house this year, whatever kind of house he wants.

"There's guys that made a lot of money this year. There's guys that make good money. There's guys that are working their way up.

"Believe me, nobody wants to be paying boxing money to these guys more than I do.

"Realize this, the UFC only started making money on 2006. From 2001 to 2006 we were almost 50 million dollars in the hole.

"And in that time, no fighter ever got paid late or check bounced ... the Fertitta brothers funded this thing, for that long.

"In 2006 we started turning a profit. From 2006-2011, I can't remember what the number is, but it's like 40-something millionaires ... 20-something multi, multimillionaires and the list goes on and on. From 2006-2011."

"Boxing's been around for 100 years. It was a mainstream sport before television. NFL has been around for 50 or 60 yuears ..."

"What we've been able to do, in that much time, and the money thats been made by guys that would have been wrestling coaches or would have had MMA studios or martial arts studios, is pretty phenomenal ..."

"We're in a half a bilion homes worldwide. The sport's only getting bigger, its not getting smaller, and guys are going to make a lot more money."

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Recent Comments »

ProteinPower site profile image  

12/5/11 7:31 PM by ProteinPower

TTT

12 site profile image  

11/12/11 11:45 PM by 12

 in 500 million homes ,owns all the fighters,tv show and everything related. why wouldnt dana want the fighters to make boxing money,that would just mean more for dana

z00f site profile image  

11/12/11 11:26 PM by z00f

oh lord of all the stupid things to post do you really think ufc fighters can speak out on their pay issue without fear of repercussion? how many fighters have been let go because of 'bad attitude' now?.. ufc is a virtual monopoly (that's why they are being investigated by ftc). they are the only game in town - the rest of promotions are barely staying in business while ufc is turning record profits. they are not shy about bragging about their business success - making forbes lists and all that good stuff the problem with a monopolistic company that has a lion share of the market is that has near absolute power over its employees. the rest of the sports franchises have been congressionally excuses from anti-trust regulation because their members have collective bargaining through a union. boxing has ali act which protects fighters from 'coercive contracts'. mma has neither. as ufc grows and expands with no meaningful competition its going to run into this anti-trust issue until something breaks and lol at believing dana white that they are paying their fighters as much as they possibly can? really? if you are a business owner and you have absolutely no incentive to pay your workers high salary that you can easily afford because nobody else can compete for your workers are you expected to pay them well? fertittas and dana are such good people that they will pay them 'boxing money' just out of the goodness of their heart? what kind of retarded naive bullshit is that? is this some kind of a fairy tale world with elves and unicorns? for fuck's sake  

BLPorritt site profile image  

11/8/11 7:43 PM by BLPorritt

In

Hungry4Stink site profile image  

11/8/11 7:39 PM by Hungry4Stink

 Who knows if the UFC can create a true superstar since Dana makes sure he's always the biggest name in the sport.

gatorlaw site profile image  

11/8/11 7:39 PM by gatorlaw

 Solid point, but if we divide all MMA payouts by three, one each for the necessary MMA disciplines of wrestling, striking, and submission grappling, we see a significant drop off across the board compared to boxing. Clearly, based upon the aforementioned flawless logic, Gary Shaw is correct all the time.  

Elvis site profile image  

11/8/11 7:35 PM by Elvis

The other thing you can look at is the disparity between the main card fighters in boxing and the under card. The disparity is much greater than the guys in the UFC. I found this article when googling the topic. http://www.bloodyelbow.com/2011/3/15/2053137/examining-pay-structure-in-boxing-and-mma This was an interesting read.

Yougottawanna site profile image  

11/8/11 6:41 PM by Yougottawanna

SE555's post is very good IMO, this is the type of specifics we should be talking.If the UFC had competition, then they would likely be forced to pay their fighters more or lose them to competing promotions. Since they don't, they can pay their fighters much less.Figuring out what fighters "should" be paid is not a value judgement to be made with some convenient version of the puritan work ethic - they should be paid roughly according to the value they generate.Let's say the total fighter compensation for for UFC 137 was $5 million total (and everything we know indicates it was way less), and let's only look at PPV revenue, and say PPV revenue was $30 million (and it was probably more). If you replaced all of the fighters with no names, do you think PPV revenue would have been $25 million? No, it would be much lower, like half if we're generous: $15 million.That means the fighters generate $15 million dollars worth of value - so they should be paid $15 million total less a reasonable profit margin. Instead, they're paid one-third of that - even when I fudged every number in this calculation in the UFC's favor. It's a calculation that oversimplifies the finances yes, but unless the UFC opens its books and shows where all this money is going, guesswork like this is all we have.If you're wondering why boxers and MMA fighters get such a different share of revenue, the most likely reason by far is that the UFC is simply pocketing the difference. Hoping that Dana is paying out huge bonuses in secret, or that the UFC has some giant line item of operating costs that boxing doesn't, smacks of wishful thinking to me.

kelby site profile image  

11/8/11 6:18 PM by kelby

I USED TO HATE DANA. I GREW TO LIKE HIM. HE IS ONE HARD WORKER. AND AN HONEST MAN. HE JUST BRUTALLY HONEST (WHICH IS GOOD) AND A MAN WHO CAN'T BE SCREWED AROUND WITH. GOOD BOSS.

sside maurice site profile image  

11/8/11 4:51 PM by sside maurice

If we're talking about current salaries, we should use the most recent numbers available. As far as Lytle goes, his final UFC payday was $35K + $35K (+ $130K in bonuses). Alves gets $33K + $33K. In addition to experience, weight also factors in. Leben gets $46K + $46K for example. Munoz (with fewer UFC fights) gets $33K + $33K. LHWs and HWs with similar experience typically get paid even more.